GFL vs CWST vs GLGI Stock Comparison

GFL Environmental, Casella Waste Systems and Greystone Logistics Prices as of Oct 26, 2026 Peers: Industry group
GFL GFL Environmental Inc.
$45.68 +8.1% 1M +0.2% 1Y
Market cap
$16.64B
P/E
–
Revenue (TTM)
$7.00B
Div. yield
–
Solid Waste Industrials
5 wins

Head to Head

10 decided of 12

GFL Environmental leads on 5 of the 12 questions below (GFL Environmental 5, Casella Waste Systems 4, Greystone Logistics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGFLCWSTGLGILeader
Larger companyMarket capitalisation $16.64B $5.96B $5.73M GFL
Cheaper on earningsLower P/E, profitable companies only -332.1x 1,045x -0.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 73.7x 74.5x — GFL
Faster revenue growthRevenue growth, trailing twelve months +9.7% +13.6% -59.9% CWST
More profitableNet margin, trailing twelve months -0.7% 0.3% -43.8% CWST
Better return on capitalReturn on invested capital 7.6% 1.5% -37.9% GFL
Less leveragedLower net debt / EBITDA 3.0x 3.4x -4.6x GLGI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months +0.2% +8.7% -78.6% CWST
Better 5-year returnAnnualised price return, 5 years +2.8%/yr +3.0%/yr -25.8%/yr CWST
Less volatileAnnualised volatility, 1 year 29.1% 37.0% 116.4% GFL
Higher overall scoreMean of the five percentile scores vs peers 49/100 42/100 10/100 GFL

Percentile Scorecard

GFLCWSTGLGI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGFLCWSTGLGI
Valuation 80 #4 of 16 40 #10 of 16 28 #146 of 203
Growth 23 #11 of 14 39 #9 of 14 0 #187 of 187
Profitability 54 #7 of 14 62 #6 of 14 7 #173 of 185
Financial Health 40 #10 of 16 27 #12 of 16 6 #205 of 219
Shareholder Returns – – –
Overall 49 42 10
  • GFL ranked among 16 companies in Waste Management
  • CWST ranked among 16 companies in Waste Management
  • GLGI ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGFLCWSTGLGISPY
1 month +8.1%+16.9%-16.0% -0.8%
3 months +17.2%+7.7%-16.0% +3.5%
6 months +15.1%+25.3%+40.0% +7.0%
Year to date +6.4%-1.8%-63.8% +12.2%
1 year +0.2%+8.7%-78.6% +13.0%
3 years +62.0%+30.8%-79.0% +86.3%
3 years, per year +17.5%+9.4%-40.6% +23.1%
5 years +14.7%+16.0%-77.4% +68.6%
5 years, per year +2.8%+3.0%-25.8% +11.0%
10 years —+756.3%-16.0% +258.0%
10 years, per year —+24.0%-1.7% +13.6%

Risk

MeasureGFLCWSTGLGISPY
Volatility, 1Y 29.1%37.0%116.4% 12.7%
Downside volatility, 1Y 28.1%34.0%150.3% 12.7%
Beta vs S&P 500, 1Y 0.250.10-1.13 1.00
Return / volatility, 1Y 0.010.23-0.68 1.02
Max drawdown, 5Y -42.9%-37.7%-90.7% -25.4%
From 52-week high -1.8%-10.4%-79.0% -1.8%
52-week high $46.51$107.34$1.00 $779.14
52-week low $33.54$74.97$0.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGFLCWSTGLGI
P/E now vs peer median -337.0xmedian 34.0x 1,072xmedian 34.0x -0.6xmedian 26.0x
P/S now vs peer median 2.4xmedian 3.4x 3.1xmedian 3.4x 0.3xmedian 1.9x
EV/EBITDA now vs peer median 8.4xmedian 15.3x 18.7xmedian 15.3x -6.9xmedian 14.0x
P/FCF now vs peer median 6.2xmedian 18.5x 57.0xmedian 18.5x -1.1xmedian 21.4x
P/B now vs peer median 2.2xmedian 3.0x 3.8xmedian 3.0x 0.6xmedian 2.2x
PEG now vs peer median -12.15median 3.42 -21.06median 3.42 0.01median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGFLCWSTGLGI
Revenue $7.00B $1.96B $22.12M
Gross profit $1.47B $653.52M -$2.92M
Operating income $1.71B $66.07M -$8.43M
Net income -$249.50M $5.70M -$9.70M
Free cash flow $2.72B $105.67M -$5.06M
EPS (diluted) $-0.13 $0.09 $-0.36
Cash & equivalents $192.10M $25.54M $360.53K
Total debt $19.12B $1.36B $46.58M
Shares (diluted) 378.69M 63.69M 27.27M
Enterprise value $14.75B $5.08B $3.72M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGFLCWSTGLGI
P/E -337.0x 1,072x -0.6x
P/FCF 6.2x 57.0x -1.1x
P/Operating cash flow 11.2x 17.2x -1.7x
P/S 2.4x 3.1x 0.3x
P/B 2.2x 3.8x 0.6x
P/Tangible book 3.2x 4.9x 0.6x
EV/EBITDA 8.4x 18.7x -6.9x
EV/EBIT 15.4x 111.4x -2.1x
EV/Revenue 3.8x 3.8x 0.8x
EV/FCF 9.7x 69.7x -3.4x
EV/Operating cash flow 17.5x 21.0x -5.2x
PEG (3Y EPS CAGR) -12.15 -21.06 0.01

Growth

14 metrics
MetricGFLCWSTGLGI
Revenue growth (1Y) 9.7% 13.6% -59.9%
Revenue CAGR (3Y) -1.8% 20.4% -28.0%
Gross profit growth (1Y) 16.5% 12.6% -133.7%
Gross profit CAGR (3Y) 12.3% 20.0% -31.4%
Operating income growth (1Y) 1.4% 1.1% -472.2%
Operating income CAGR (3Y) -3.8% -8.5% -51.5%
Net income growth (1Y) -107.0% -48.4% -1,158%
Net income CAGR (3Y) 8.6% -47.8% -50.9%
EPS growth (1Y) -101.4% -48.5% -1,653%
EPS CAGR (3Y) 27.7% -50.9% -56.5%
Operating cash flow growth (1Y) 13.9% 2.9% -132.8%
Operating cash flow CAGR (3Y) -8.3% 19.0% -31.4%
Free cash flow growth (1Y) 7.7% 16.1% -169.9%
Free cash flow CAGR (3Y) -2.6% 8.9% -49.9%

Profitability

14 metrics
MetricGFLCWSTGLGI
Gross margin 20.9% 33.4% -13.2%
EBITDA margin 44.5% 20.1% -11.3%
Operating margin 24.4% 3.4% -38.1%
Pretax margin -3.8% 0.5% -42.4%
Net margin -0.7% 0.3% -43.8%
FCF margin 38.9% 5.4% -22.9%
Operating cash flow margin 21.6% 18.0% -15.0%
Return on equity -3.3% 0.4% -94.7%
Return on assets -1.2% 0.2% -26.5%
Return on invested capital 7.6% 1.5% -37.9%
Return on capital employed 8.9% 2.1% -39.6%
Asset turnover 0.3x 0.6x 0.6x
Cash conversion (OCF / net income) -6.1x 61.6x 0.3x
Stock comp / revenue 2.0% 0.7% –

Financial Health

11 metrics
MetricGFLCWSTGLGI
Debt / assets 44.6% 38.3% 33.5%
Debt / equity 1.3x 0.9x 1.3x
Net debt / EBITDA 3.0x 3.4x -4.6x
Debt / FCF 3.5x 12.9x -2.4x
Liabilities / assets 65.0% 55.6% 75.0%
Equity / assets 35.0% 44.4% 25.0%
Interest coverage 3.0x 1.0x –
Current ratio 0.8x 1.0x 0.4x
Quick ratio 0.6x 0.8x 0.2x
Cash ratio 0.1x 0.1x 0.0x
Altman Z-score 1.27 2.39 -1.83

Shareholder Returns

7 metrics
MetricGFLCWSTGLGI
Dividend yield 0.2% – –
Net buyback yield – – –
Shareholder yield 0.2% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGFLCWSTGLGI
Forward P/E 73.7xFY2026 74.5xFY2026 –
EPS, next fiscal year $0.62FY2026 $1.29FY2026 –
EPS growth, next FY +12.7%FY2026 +1.6%FY2026 –
EPS growth, the year after +27.4% +16.3% –
Revenue, next fiscal year $6.10BFY2026 $2.05BFY2026 –
Revenue growth, next FY +26.5%FY2026 +11.6%FY2026 –
Revenue growth, the year after +22.3% +7.1% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGFLCWSTGLGI
Held by institutions 74.8% 100.0% –
Institutions holding 323 415 –
Change in shares held, QoQ +10.3% +4.2% –
Institutions buying 185 231 –
Institutions selling 101 127 –
Buyers to sellers 1.83 1.82 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GFLCWSTGLGI
GFL 1.00 0.39 0.04
CWST 0.39 1.00 0.01
GLGI 0.04 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GFL, CWST and GLGI?

GFL Environmental (GFL) is the largest by market capitalisation: GFL Environmental (GFL) $16.64B, Casella Waste Systems (CWST) $5.96B, Greystone Logistics (GLGI) $5.73M.

Which company is growing faster?

Casella Waste Systems (CWST) grew revenue fastest over the trailing twelve months: GFL Environmental (GFL) +9.7%, Casella Waste Systems (CWST) +13.6%, Greystone Logistics (GLGI) -59.9%.

Which company is more profitable?

Casella Waste Systems (CWST) has the highest net margin (GFL Environmental (GFL) -0.7%, Casella Waste Systems (CWST) 0.3%, Greystone Logistics (GLGI) -43.8%). On return on invested capital, GFL Environmental (GFL) leads (GFL Environmental (GFL) 7.6%, Casella Waste Systems (CWST) 1.5%, Greystone Logistics (GLGI) -37.9%).

Which stock has performed better?

Over the past year Casella Waste Systems (CWST) returned the most: GFL Environmental (GFL) +0.2%, Casella Waste Systems (CWST) +8.7%, Greystone Logistics (GLGI) -78.6%. Over five years, Casella Waste Systems (CWST) compounded fastest (GFL Environmental (GFL) +2.8%/yr, Casella Waste Systems (CWST) +3.0%/yr, Greystone Logistics (GLGI) -25.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GFL Environmental (GFL) has been the steadiest (GFL Environmental (GFL) 29.1%, Casella Waste Systems (CWST) 37.0%, Greystone Logistics (GLGI) 116.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GFL, CWST and GLGI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GFL Environmental (GFL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.